GURUPADALING VIKRAKTAMATH,BANGALORE vs. INCOME TAX OFFICER, WARD-1, GULBARGA
In the result, the appeal filed by the assessee is allowed
ITA 808/BANG/2024[2017-18]Status: DisposedITAT Bangalore31 Jul 2024AY 2017-18
Bench: Shri Chandra Poojari & Shri Keshav Dubey
For Appellant: Sri.Deepak Padmanabhan, CAFor Respondent: Sri.Ganesh R.Gale, Standing Counsel
Section 133(6)Section 142(1)Section 143(2)Section 250Section 69A
demonetization period into the SB account No.62180841762 maintained with the erstwhile
State Bank of Hyderabad now the State Bank of India, Nehrugunj
Branch, Kalaburagi. During the course of assessment proceedings, the assessee contended that the bank account with SBI bearing account No.62180841762 is actually belonging to the Peethadipathi of Gurupadalingeshwar Virakt Math, a religious and charitable trust